Financial Management

Local government challenges

  • Finance function effectiveness
  • Revenue enhancement and inaccurate billing
  • Cash flow
  • Cost management
  • Supply chain management
  • Contract management
  • Reporting to multiple stakeholders
  • Management reporting, business intelligence and decision support
  • Performance reporting
  • Year end closure and financial statements

PwC proposition

Financial management and administration is a core PwC competency. We are proud to commit to work with municipalities in dealing with their financial management challenges by:

  • Evaluating the effectiveness of municipalities’ finance functions in supporting the delivery of the core local government mandate
  • Assisting municipalities to implement structures, process, technology and skills development to enhance revenue
  • Advising on costing methodologies, associated technology, sustainable cost management and tariff determination
  • Guiding municipalities on best options, methods and systems to forecast and manage cash flow
  • Advising on best options for supply chain management to ensure compliance and efficiency to support service delivery
  • Providing contract management solutions aimed at reducing municipalities exposure and optimising benefits
  • Working with municipalities to reduce the administrative burden of reporting to multiple stakeholders that require similar information for example the various Regulators, National Treasury and other Governmental Departments
  • Advising on dash boards, KPI’s and appropriate decision support and business intelligence to enhance service delivery and management
  • Providing best options to enable performance reporting relative to municipal wide performance in executing the SDBIP cascaded down to Section 57 managers and staff
  • Providing innovative solutions to reduce the time taken to effect year end close and to improve the quality of annual financial statements

Real, sustainable transformation is enabled by sound financial management and Municipalities developing the internal capacity of Local Government through partnering in action!

Contact us

Pieter Crafford
Partner
Tel: +27 (0)21 529 2324
Email

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